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NEW YORK ( TheStreet) -- Strategic Hotel & Resorts (NYSE: BEE) hit a new 52-week low Monday as it is currently trading at $4.04, below its previous 52-week low of $4.05 with 1.2 million shares traded as of 2:45 p.m. ET. Average volume has been 1.9 million shares over the past 30 days. Strategic Hotel has a market cap of $861.3 million and is part of the financial sector and real estate industry. Shares are down 18.5% year to date as of the close of trading on Friday. Strategic Hotels & Resorts, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe.